Now, check out the Automatic Camera Backup which basically uplaods the photos you have taken to the OneDrive. I don’t know if this is similar to the Camera Uploads from Dropbox but I guess that it should be similar that way. It’s just that you have to open the Camera section in the IOS version to allow the uploads to happen compared to other versions. Another feature is the video transcoding, which reduces the file footprint of a video that is being downloaded from Onedrive. I guess that there should be multiple video sizes for a video you want to download from.
However, since the launch of OneDrive today, it appears that they will add additional features in the future.